MSB Rewards Cash

*APY=Annual Percentage Yield. APYs accurate as of 7/24/2023. Rates may change after account is opened. Minimum to open is $50 for MSB Rewards Cash Checking. For MSB Rewards Cash Checking, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed and credited to account on the last day of monthly statement cycle; (2) balances up to $20,000 receive interest at a rate of 5.13% with an APY of 5.25%; and (3) balances over $20,000 earn 1.00% interest rate on the portion of the balance over $20,000, resulting in range from 1.71% - 5.25% APY depending on the balance. If qualifications are not met on MSB Rewards Checking all balances earn 0.05% APY. Qualifying transactions must post to and settle in MSB Rewards Cash Checking account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. “Monthly Qualification Cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised MSB Rewards Cash APY is based on compounding interest. Interest earned in MSB Rewards Cash is automatically transferred to MSB Rewards Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised MSB Rewards Cash APY. The MSB Rewards Saver APYs may be less than MSB Rewards Cash APYs. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.

Additional Terms and Conditions May Apply.